U.S. Federal Reserve officials say that monetary policy will need to stay restrictive for "some time" to bring inflation back down to the Fed's 2 percent target, but their unity around that phrase masks an ongoing debate over another possible rate hike this year.
The Philippines has raised $3.55 billion in four bond transactions since last year as part of a groundwork to build up sustainable investments and development in the country, the Bureau of Treasury said Monday.
The World Trade Organization (WTO) has published a new report providing insights on how countries use the different international agreements and conventions to regulate the export of controlled and sensitive goods.
The largest Arab economy expects real gross domestic product to grow by 0.03 percent this year, the document released by the ministry of finance showed, compared with a previous forecast for growth of 3.1 percent.